This simulation question available sources is based upon a trueset of facts. The information contained in the simulation questionwas What is the Relationship Between the Fraud Triangle andFinancial Statement Fraud? -
Required First, search the Internet or refer to textbooks tolearn as much as you can about the Fraud Triangle. Then, answer thefollowing:
2. How can the Fraud Triangle detect/prevent financial statementfraud? Discuss how each of the three elements of the Fraud Trianglecan detect/prevent financial statement fraud (a) Opportunity-explain how this element can detect/prevent financial statementfraud. b) Pressure- explain how this element can detect/preventfinancial statement fraud
(c) Rationalization - explain how this element candetect/prevent financial statement fraud
